CME Group
BGC Proposes Contingent Increase in GFI Offer
Interdealer broker ups the stakes as crunch time approaches for rival bid.
CBOE Launches VIX Indexes on CME FX Contracts
The Chicago Board Options Exchange has begun calculating and distributing index values for three new foreign exchange volatility indexes based on CME Group-listed US dollar-euro, dollar-pounds sterling and dollar-Japanese yen futures options contracts.
UBS Taps Orc for Real-time CME, ASX Derivatives Market Data, DMA
UBS has expanded its use of trading technology provider Orc's Electronic Execution direct market access service, to connect to the Australian Stock Exchange and the Chicago Mercantile Exchange for derivatives market data and trading access.
James Rundle: The Tragic Romance of BGC and GFI
The ongoing tussle between BGC and GFI over the latter’s future has provided constant twists and turns. But James questions whether GFI was ever going BGC’s way, or if it was always on the road to Chicago.
ICE Takes Aim at ‘Disruptive Trading Practices'
The new rule goes into effect on Jan. 14, 2015
BGC Increases Offer for GFI Group
Firm's tender offer is now for $5.45 per share, a 20-cent increase from its previous price.
2014 Review: Infrastructure Deals Drive M&A, Funding Activity in 2014
This year saw its fair share of mergers, acquisitions and investments, with some deals driven by expansion plans, others by strategic opportunism, and others spurred by unforeseen circumstances.
BGC Further Extends GFI Offer Deadline
BGC Partners' determined efforts to acquire rival interdealer broker GFI Group continued last night, as the firm extended the deadline for its offer to January 6, 2015, the second time that it has done so.
Update: CME Matches BGC in Battle for GFI
Increases offer to $5.25 per share, matching BGC's premium.
BGC Extends Tender Offer for GFI
Interdealer broker adds to deadline as it settles breach of rules with FCA.
Emerging Exchanges: Partnering for Power
Exchanges in emerging markets are teaming up with developed exchanges for technology and knowledge.
Opening Cross: The ’Center of the Data Universe
With coverage of our Asia Pacific Financial Information Conference taking center stage in this week’s Inside Market Data, debating new initiatives such as the planned Shanghai-Hong Kong Stock Connect program—and its unexpected, indefinite delay—and the…
CQG's Continuum offers Access Points in Illinois to TOCOM Market Data
Quotes Direct API will enable users to gain data in two locations in Illinois.
Fixnetix Expands Chicago CME Co-Lo Services
Expanded co-lo presence will provide more connectivity choices for Chicago-based trading firms.
Update: GFI Board Rejects BGC Offer
BGC insists its offer still stands.
ASX Creates PoP in CME Aurora Co-Lo Center
Co-lo presence will allow US firms to connect directly to ASX data.
NanoSpeed Launches CME-Certified Ultra-Fast FPGA
NanoSpeed releases solution that enables ultra-fast pre-trade risk checks on the CME
CBOE, Bursa Malaysia, CME, BME Lead Upbeat Q3 Exchange Data Revenues with Double-Digit Growth
Major global exchanges reported growth in market data sales in their latest round of financial results, typically delivering revenue increases of between 5 and 10 percent, with four achieving even higher growth, and usually—though not in all cases…
BGC Reaffirms Intent as GFI, CME Stay Silent
Says offer is “very much for real” in analyst call.
BGC Bid for Rival Broker Turns Hostile
A $675 million offer by BGC Partners to acquire its rival GFI Group is now being presented directly to shareholders, following weeks of protracted negotiations between the firms.
CME Group Enacts Tech Jobs Cut
CME Group announced a company restructure that will cut five percent of its workforce, or about 150 jobs, the majority of which will come from the company's technology division.
Options Expands Into CME, Completes US Co-Lo Map
Infrastructure-as-a-service provider Options (formerly Options IT) said it has expanded into CME Group's co-location facility in Aura, Illinois, completing its coverage of all US exchange co-location facilities.
CME, CFFEX Sign Data Distribution Deal
CME Group has signed an agreement to license and distribute market data from the Shanghai-based China Financial Futures Exchange (CFFEX), as part of the Chinese exchange's global development activities to grow its business in international markets.
Taylor to Lead CME Group's Technology and Platform Development
As part of a new leadership structure, CME Group announced Kim Taylor will now serve on its executive team as the president of global operations, technology and risk.